IT'S OVER: Physical Silver at $140 in Shanghai – New York Still Shows $68 (Arbitrage DEAD)

Описание: While the COMEX in New York continues to display $68 per ounce on every financial terminal in America, physical silver is changing hands at $140 per ounce in Shanghai. That is not a typo. That is not a currency conversion error. That is a $72 gap—a 106% premium—between what the paper market claims silver is worth and what buyers in the world's largest physical market are actually paying.

The arbitrage that should close this gap is dead. Traders cannot buy cheap in New York and sell expensive in Shanghai because there is no silver in New York to buy. The COMEX vaults have been drained to historic lows. The dealer channels are empty. The metal that would be needed to arbitrage the gap simply does not exist.

In this deep dive, we expose "The Great Disconnect"—why the paper price and physical price have finally severed their 50-year relationship. We break down "The Five Blockages"—the specific mechanical failures preventing silver from flowing between markets: the COMEX vault drain, the refining bottleneck, the export restrictions, the currency dynamics, and the institutional paralysis.

We reveal "The COMEX Death Watch"—how 71.6 million ounces of delivery demand is staring down 23 million ounces of registered inventory, a mathematical impossibility that can only end in crisis. And we expose "The Industrial Panic"—why Chinese manufacturers are paying $140 because they have no choice, and why that price is about to spread to every market on the planet.

The paper price is the lie. The physical price is the truth. And the truth is winning.

In this video, we cover:

📊 The $72 Gap Explained: How physical silver hit $140 in Shanghai while New York shows $68—and why this is mathematically unprecedented.

⛓️ The Five Blockages: The specific mechanical failures preventing arbitrage: vault drain, refining bottleneck, export restrictions, currency dynamics, institutional paralysis.

🏦 The COMEX Death Watch: 71.6 million ounces of demand vs. 23 million ounces of supply—the impossible math that ends in crisis.

🏭 The Industrial Panic: Why Chinese manufacturers are hoarding silver at any price—and how this spreads to Europe, Japan, and America.

🌍 The Geopolitical Weapon: How China is using the silver gap to undermine Western financial credibility and secure industrial dominance.

📉 The Paper Market Death Spiral: The three options facing the COMEX—slow death, fast death, or suicide—and why none of them save the paper market.

🛡️ What This Means For You: How to value your holdings, why paper silver is now a liability, and the exact road map for what happens next.

⚠️ Debunking The Propaganda: Why "currency fluctuations," "temporary dislocation," and "trust the official price" are lies designed to keep you trapped.

Sources & References:

Shanghai Gold Exchange - Silver Prices
Official pricing data for physical silver delivery contracts on the Shanghai exchange.
https://www.sge.com.cn/sjzx/mrhqsj

COMEX Silver Inventory Reports (CME Group)
Daily updates on registered and eligible silver inventory in COMEX-approved warehouses.
https://www.cmegroup.com/delivery_rep...

COMEX Silver Futures Delivery Data
Open interest and delivery notice data for silver futures contracts.
https://www.cmegroup.com/trading/meta...

The Silver Institute - World Silver Survey
Annual supply and demand data for the global silver market.
https://www.silverinstitute.org/world...

U.S. Geological Survey - Silver Statistics
Data on global silver mine production and industrial consumption.
https://www.usgs.gov/centers/national...



DISCLAIMER:
The content in this video is for educational purposes only and represents my personal opinions and market analysis. It should not be considered professional financial, investment, or legal advice.

The precious metals market is complex and subject to significant volatility and risks. Price comparisons between different exchanges involve currency conversions, local market conditions, and delivery specifications that may affect direct comparability. The scenarios described involve analysis of current market data, publicly available information, and potential future outcomes based on present trends.

You should always conduct your own due diligence and consult with a qualified financial advisor before making any investment decisions. I am not a licensed financial advisor. Past performance does not guarantee future results. All investments carry risk, including potential loss of principal.